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pensionissste
Information by Research TrustFinance
The Fondo Nacional de Pensiones de los Trabajadores al Servicio del Estado (PENSIONISSSTE) is a decentralized public agency of the Mexican federal government, created by the 2007 ISSSTE Law. Its primary mission is to manage the individual retirement savings accounts (known as "Afore") for workers in the service of the state. PENSIONISSSTE invests the resources from these accounts with the objective of generating competitive returns to ensure workers receive an adequate pension upon retirement, while also charging some of the lowest administration fees in the industry.
Mexico
Industry
Financial